Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-South Africa’s Johannesburg Stock Exchange (JSE) has ranked first among 144 nations as the most effective regulated and supervised equities and bonds market; beating the Nigerian Stock Exchange (NSE) to the 65th position, the World Economic Forum (WEF) said in its Global Competitiveness Report 2014-2015. The […]
Capital Market
IHS Said to Pay About $2 Billion for MTN Towers in Nigeria
IHS Holding Ltd., Africa’s largest independent phone tower company, agreed to buy 9,151 Nigerian towers from MTN Group Ltd. (MTN) in a deal valued at about $2 billion, according to two people familiar with the transaction. The people asked not to be named because the financial terms are confidential. The […]
Access Bank Liaising with Investors on Proposed 60-70 Billion Naira Rights Issue
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian lender Access Bank Plc has been liaising with local investors of the bank over the week past to gauge their interest in a proposed rights issue of about N60- N70 billion by the fourth quarter (Q4) of 2014, Reuters quoted a fund manager knowledgeable to […]
